Government R&D and green technology spillovers: the Chernobyl disaster as a natural experiment
نویسندگان
چکیده
Abstract Using data on green patents filed at the European Patent Office from 1980 to 1984, this paper investigates effect of increasing government R&D budget technology spillovers. Spillovers are measured with patent forward citations over period 1981–1988. The level is instrumented leveraging unexpected occurrence Chernobyl nuclear accident—that exogenously pushed governments reduce their energy-related budgets—in a difference in differences setting. 2SLS results show that 10% increase increases by some 0.7% number received patents. Although positive and significant, small magnitude estimated elasticity suggests takes time let innovation spillovers technologies materialize relevance. Interestingly, expenditures fosters across traditional (non-green) fields enlarges technological breadth inventions citing Overall, I conclude knowledge spillovers, accelerates hybridization processes favors diversification around technologies. However, these effects seem slow pace.
منابع مشابه
Children’s vulnerability to weather shocks: A natural disaster as a natural experiment. Social Science Research Network
متن کامل
The Chernobyl Disaster A Human Tragedy for Generations to Come
O n April 26, 1986, unit number four of the Chernobyl nuclear power plant exploded. Reconstruction of the event, so far as it is practicable today, suggests that a “power excursion” increased the nominal energy output within four seconds by a factor of 100, followed in an instant by a factor of 1,000 or more; then a hydrogen explosion peeled open the reactor containment leaving the molten nucle...
متن کاملFdi Technology Spillovers and Wages
This study distinguishes multinational firm (MNE) technology-spillover from learning effects. Whenever learning takes time, the model predicts that foreign investors deduct the economic value of learning from wages of inexperienced workers and add it to experienced ones to prevent them from moving to local competitors. Hence, the national wage bill is unaffected by the presence of MNEs. In cont...
متن کاملThe Chernobyl disaster: cancer following the accident at the Chernobyl nuclear power plant.
The Chernobyl nuclear power plant, located in Ukraine about 130 km north of the capital of Kiev and about 10 km south of the border with Belarus, was the scene of the most severe accident that has ever occurred in the nuclear industry. On April 26, 1986, two violent explosions destroyed the core of unit 4 of the power plant and the roof of the building, resulting in a series of fires and in mas...
متن کاملThe Chernobyl Disaster and Beyond: Implications of the Sendai Framework for Disaster Risk Reduction 2015–2030
On the 30th anniversary of the Chernobyl disaster, Amina Aitsi-Selmi and Virginia Murray reflect on the importance of disaster preparedness.
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Technology Transfer
سال: 2023
ISSN: ['1573-7047', '0892-9912']
DOI: https://doi.org/10.1007/s10961-023-10000-6